Tag: FTC
FTC sues to block Tapestry acquisition of Capri Holdings
Pedestrians walk past a Coach store and a Michael Kors store.Scott Olson | Getty ImagesThe U.S. Federal Trade Commission on Monday sued to block the $ [...]
FTC sues to block Kroger Albertsons grocery store merger
Albertsons and Kroger supermarketsBridget Bennett | Bloomberg | Getty Images; Brandon Bell | Getty ImagesThe U.S. Federal Trade Commission said Monday [...]
FTC, HHS examining cause of generic drug shortages
A variety of generic pills and capsules. Nenov | Moment | Getty ImagesThe Federal Trade Commission on Wednesday said it is examining the role that dr [...]
Judge signs off on $1.65B settlement between Voyager Digital and FTC
A federal judge has approved an order requiring crypto lending firm Voyager Digital and its affiliates to pay $1.65 billion in monetary relief to the [...]
FTC enhances investigative procedures to deal with AI-related lawbreaking
The U.S. Federal Trade Commission (FTC) has announced the approval of a new streamlined process for investigating cases involving the unlawful use of [...]
Former Celsius CEO Mashinsky seeks dismissal of FTC case
Alex Mashinsky, founder and former CEO of now-bankrupt crypto lender Celsius, filed a new motion in court seeking the dismissal of the United States F [...]
Alex Mashinsky Seeks to Quash FTC Case as He Defends Criminal, CEL Token Charges
Mashinsky, alongside his former Chief Technology Officer Hanoch “Nuke” Goldstein, argued the FTC would need to make more rules before taking on novel [...]
FTC allows Amgen Horizon Therapeutics deal to move forward
The Amgen logo is displayed outside Amgen headquarters on May 17, 2023 in Thousand Oaks, California.Mario Tama | Getty ImagesThe Federal Trade Commiss [...]
Celsius ‘pleased’ with resolutions amid $4.7B FTC fine
Bankrupt crypto lender Celsius Network has posted that the company is pleased with the resolutions that it was able to reach with various United State [...]
FTC takes aim at OpenAI’s ChatGPT with lengthy criminal investigation questionnaire
OpenAI, maker of AI chatbot ChatGPT and related products, has received a criminal investigative demand (CID) from the United States Federal Trade Comm [...]
Celsius Network fined $4.7B by FTC
The United States Federal Trade Commission has issued a $4.7-billion fine against bankrupt crypto lender Celsius Network. However, the judgement will [...]
Horizon Therapeutics-Amgen deal could close Q3 if FTC block fails
Robert Galbraith | ReutersHorizon Therapeutics expects its $27.8 billion sale to Amgen to close as early as the end of the third quarter, earlier than [...]
FTC preparing to block Amgen-Horizon Therapeutics deal, report says
Robert Galbraith | ReutersHorizon Therapeutics' stock price plunged more than 17% in premarket trading Tuesday after a report that the Federal Trade C [...]
Crypto Lobbying Needs a Reset: More FTC, less SEC
Crypto is no stranger to these problems – not because its business leaders are any more or less inclined to behave badly, but because, as in other ind [...]
FTC announces investigation into Voyager’s ‘deceptive and unfair marketing’ of crypto
The United States Federal Trade Commission, or FTC, said it had started an investigation of crypto lending firm Voyager Digital parallel to the compan [...]